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Word: ball-point (lookup in dictionary) (lookup stats)
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...last week wrote some fantastic financial news. In the first six months of the company's existence, up to Jan. 31, 1946, Founder Milton Reynolds ran a $26,000 investment into a profit of $1,558,608, after taxes, on sales of $5,674,329. But the ball-point pen, which Reynolds bragged would write for two years without refilling -and would also write under water-had squiggled some blots on this shiny record. Sample blot: of the 100,000 Reynolds pens sold by Manhattan's Gimbel Brothers, Inc. (TIME, Nov. 12), some 6,000 were returned because...

Author: /time Magazine | Title: CORPORATIONS: On the Ball | 4/22/1946 | See Source »

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